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Oct 11, 2012
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sure, he said president obama didn't raise taxes, and president obama didn't raise taxes, but really, mitt romney officially thinks that he did. they have done this over and over and over and over again, on big issues like health reform, on small issues like whether he met a guy or not. and it is a ridiculous technique. i mean, think about what this means for the long run. i mean, the romney campaign is training the country to not believe this guy when he is talking. they're training the country to feel that, you know, wherever you hear mitt romney saying something today, don't worry, it doesn't really matter. it is all subject to revision later. long-term, this is a weird technique. it has been a strange political technique from the get-go this year. but mostly, it has worked for them. them correcting the record later on to a smaller audience has mostly worked. so they just keep doing it. and they have kept getting away with it. but now, as of today, they have seemed to have gone too far to get away with it anymore. this is what mitt romney told "the des moines register" editorial bo
sure, he said president obama didn't raise taxes, and president obama didn't raise taxes, but really, mitt romney officially thinks that he did. they have done this over and over and over and over again, on big issues like health reform, on small issues like whether he met a guy or not. and it is a ridiculous technique. i mean, think about what this means for the long run. i mean, the romney campaign is training the country to not believe this guy when he is talking. they're training the...
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Oct 12, 2012
10/12
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most banks we estimate have 20% to 25% pre-tax boost. jpmorgan is higher quality than most of the other banks in our coverage universe. melissa: how does this figure in your outlook since the london whales trading debacle and profits were $5.71 billion compared to $5.8 billion? that was where we are with that. does it push it through even more? >> the company came out and said the losses related to the portfolio were roughly $200 million to $300 million. a lower number than we saw the first week to quarters of this year and the losses could be in that similar range in the fourth quarter and the company hopes to have it largely behind them by the start of the new year. there is still the board reviewed that is ongoing and requests to purchase more capital, more shares that is going to have to pass muster of the rate regulators. melissa: how does it look from the investor's prospective? >> we have a performance rating on the stock for three reasons. we think the company will generate 20% earnings growth the next two years. secondly we thin
most banks we estimate have 20% to 25% pre-tax boost. jpmorgan is higher quality than most of the other banks in our coverage universe. melissa: how does this figure in your outlook since the london whales trading debacle and profits were $5.71 billion compared to $5.8 billion? that was where we are with that. does it push it through even more? >> the company came out and said the losses related to the portfolio were roughly $200 million to $300 million. a lower number than we saw the...
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focus on the demand side and more focused on tax fairness. a real decision for obama to make if he's re-elected. >> right. one of the big mistakes that the obama administration says, they didn't have enough of the private sector organization. the one way i would propose to deal with that is put in someone like larry fink. people will scream, oh, my god, wall street. someone who's actually been in the trenches hiring and firing. you need somebody who's done that. >> speaking of the trenches, when you redo this game can you make it a foreign policy so we can do risk and attack on the country. >> thank you very much. up next, if you've ever wanted to see steve kornacki in high school, just wait. [ chuckles ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ male announcer ] now you'll know when to stop. [ honk! ] the all-new nissan altima with easy fill tire alert. [ honk! ] it's our most innovative altima ever. nissan. innovation that excites. ♪ innovation that excites. and every day since, two years ago, the people of bp made a commitment to t
focus on the demand side and more focused on tax fairness. a real decision for obama to make if he's re-elected. >> right. one of the big mistakes that the obama administration says, they didn't have enough of the private sector organization. the one way i would propose to deal with that is put in someone like larry fink. people will scream, oh, my god, wall street. someone who's actually been in the trenches hiring and firing. you need somebody who's done that. >> speaking of the...
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Oct 9, 2012
10/12
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. >> president has idea he wants to raise the tax rate from 3% to 40%. that won't be good for forms. my own view is i want to take the tax rate down. >> following iowa, romney flew to ohio, critical battleground to his victory strategy, where the voter registration ends today. romney is expected to return at least four times in just the next week. romney aides are touting their ground game and grassroots enthusiasm. in florida, 43.5% of absentee ballot requests came from republicans. 39% for democrats. among those returned so far, 45% are g.o.p. only 38% are democrats. in colorado, republicans requested 656,000 absentee ballots of saturday to 627 for democrats. inness, absentee ballot request favor g.o.p. by 44% to 39%. in north carolina, 52% of all ballot requests of g.o.p. to only dop for democrats and 21 for independents. running mate paul ryan and joe biden off the trail getting ready for the big debate. kid rock leapt "born free" to romney for the rally theme headlined last night in michigan and considering a vice presidential debate keg party. >> i
. >> president has idea he wants to raise the tax rate from 3% to 40%. that won't be good for forms. my own view is i want to take the tax rate down. >> following iowa, romney flew to ohio, critical battleground to his victory strategy, where the voter registration ends today. romney is expected to return at least four times in just the next week. romney aides are touting their ground game and grassroots enthusiasm. in florida, 43.5% of absentee ballot requests came from...
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Oct 9, 2012
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the debt wasn't wiped out. >> 1.7 trail in bush tax cuts, yes? that was -- >> bill: i'm not gog defend bush or the republican party. i'm going to tell you one thing, the highest tax revenues in the history of this nation occurred in 2007. the government got more money from we, the people, than any other time in history under the bush tax, the rich tax cuts. >> bill: after an hour at the podium, the two moved to more comfortable quarters. >> how is it that two personalities such as yourselves who are almost polar opposites politically, share a willingness to come together when congress can't? what advice would you give congress? [ applause ] [ laughter ] >> bill: what would you like for christmas, little boy? [ laughter ] get off! >> who is your political hero and why? >> now? yeah, right. i would say robert kennedy. [ applause ] i can't believe you said that. >> why? >> bill: because i'm a big robert kennedy fan. i got a book out, killing kennedy. >> oh, for god sake! if. >> if you could see any american elected president, who would it be and why
the debt wasn't wiped out. >> 1.7 trail in bush tax cuts, yes? that was -- >> bill: i'm not gog defend bush or the republican party. i'm going to tell you one thing, the highest tax revenues in the history of this nation occurred in 2007. the government got more money from we, the people, than any other time in history under the bush tax, the rich tax cuts. >> bill: after an hour at the podium, the two moved to more comfortable quarters. >> how is it that two...
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Oct 11, 2012
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for overall tax reform. what we are talking about their is to lower rates on everyone. and have maybe 25%, a 10% rate. you also start off with a clean sheet of paper. as far as the loopholes that are in the tax bill. .. >> should health care reform as we have now remain the same? >> it seems it is actually working and people across i would talk to me about it. or the parts of it that are very important to it. they did not kick the can down the road. so much is paid by everybody through the emergency room so let's include more people. the pre-existing condition who wants to go back to that? there should be some changes. the hospital situation, i wealth where the rubber meets the road will get the back. but they are giving better care. the fact they are creating jobs. >> changes? boswell: that will happen as we come to that point* but we're still in the infant change you cannot have a cap the policy because you have gotten sick common in the hospital, cannot have children on until they are 26. there are things
for overall tax reform. what we are talking about their is to lower rates on everyone. and have maybe 25%, a 10% rate. you also start off with a clean sheet of paper. as far as the loopholes that are in the tax bill. .. >> should health care reform as we have now remain the same? >> it seems it is actually working and people across i would talk to me about it. or the parts of it that are very important to it. they did not kick the can down the road. so much is paid by everybody...
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Oct 13, 2012
10/12
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going back to this issue of his taxes not only has he not released his tax returns, as many presidential candidates have in the past, of course, but he's effectively paid a 14% rate on his taxes, and that is something that is a lower rate paid on investment income. let's have a listen to a little bit of that ad. >> you've paid 14% in federal taxes. that's the capital gains rate. is that fair to the guy who makes $50,000 and paid a higher rate than you did? so you think it is fair? >> yeah, i think it's -- it's the right way you encourage economic growth. >> lower tax rates for him than us. is that the way to grow america? >> and so it goes, alex. the president leaving the white house just a little later this morning. >> mike viqueira, thank you very much. while the gop ticket is crisscrossing the crucial battleground state of ohio again today and mitt romney will be holding two events. one in portsmouth, another in lebanon. in hours paul ryan holds his rally in youngstown. that is where we find nbc's ron mott live at youngstown state university. we know that the campaign is making a very
going back to this issue of his taxes not only has he not released his tax returns, as many presidential candidates have in the past, of course, but he's effectively paid a 14% rate on his taxes, and that is something that is a lower rate paid on investment income. let's have a listen to a little bit of that ad. >> you've paid 14% in federal taxes. that's the capital gains rate. is that fair to the guy who makes $50,000 and paid a higher rate than you did? so you think it is fair?...
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Oct 9, 2012
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what tax approach do you think could be negotiated in the lame duck? >> you know, we've had deadlock for two years and it's been on the revenue side, not on the cutting side. we always seem to agree on various cuts to make, whether on the domestic discretionary programs like education or highways or on the entitlement programs, but we never seem to agree on revenues. i think one of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my suggestion intended to break this deadlock, this gridlock we've had on getting a budget deal for the last year and a half, let's get off this thing that the first thing we do is say we're
what tax approach do you think could be negotiated in the lame duck? >> you know, we've had deadlock for two years and it's been on the revenue side, not on the cutting side. we always seem to agree on various cuts to make, whether on the domestic discretionary programs like education or highways or on the entitlement programs, but we never seem to agree on revenues. i think one of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit...
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Oct 9, 2012
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was being interviewed in detroit when he objected to the reporter's question about gun violence and taxes. and then the interview came to an abrupt end. take a look. >> those are yours, not mine. >> thank you very much, sir. >> that was kind of strange. stuff words in people's mouth? >> he said he responded as anyone would in such a strange situation. also in michigan, paul ryan and kid rock got a loud welcome from thousands at oakland university. kid rock urged everyone to vote and ryan said the gop ticket would win in michigan. clueless actress stacy dash sent a tweet of herself with an american flag endorsing mitt romney as the only choice for the future. well that prompted a twitter explosion criticizing a black woman's support for mitt romney. >> and mr. romney may be worried about questions from children about his plans to cut funding for big bird and sesame street. the republican candidate has decided to skip nickelodeon's the kids pick the president special. the producer says that decision dissed children. president obama will be talking directly to the kids for the special. and t
was being interviewed in detroit when he objected to the reporter's question about gun violence and taxes. and then the interview came to an abrupt end. take a look. >> those are yours, not mine. >> thank you very much, sir. >> that was kind of strange. stuff words in people's mouth? >> he said he responded as anyone would in such a strange situation. also in michigan, paul ryan and kid rock got a loud welcome from thousands at oakland university. kid rock urged everyone...
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my tax reform plan to lower rates for the middle class and for small business creates seven million more. and expanding trade, cracking down on china, and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message. >>> october is a big month for runners in the area. thousands will participate in the army ten miler, the marine corps run and others this month. we have a look at mistakes to avoid on race day. you say there are quite a few, huh? >> there are a few that can make your race fun and safe if you listen. one of the most common mistakes you can make is wearing something new. wearing something new puts you in a position where you are not familiar with the material you are wearing. they wear the t-shirts given out. wear something you are comfortable with. eating too much or too little. don't affect your race day fuel. showing up late, being unfamiliar with the course. ignoring the pains can lead to a serious injury if you are not careful. >> i want to talk about eating too much or too little. how do you know? >> the best time to determine
my tax reform plan to lower rates for the middle class and for small business creates seven million more. and expanding trade, cracking down on china, and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message. >>> october is a big month for runners in the area. thousands will participate in the army ten miler, the marine corps run and others this month. we have a look at mistakes to avoid on race day. you say there are quite a few,...
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will go up whoever went in november. >> your effective tax income after taxes will go up. deductions will go down. that is in effect the same thing. what you should see is a reduction of the concern about the fiscal cliff crossing over. the congressional budget office said it is about a 1% reduction in gdp if we go over the cliff. that disappearing is good for us. cheryl: i want to revisit this issue with you. some stock and sector plays based on your research. we are so close to the election. if romney wins, stock winners will be care providers, interesting a healthcare provider there. >> and the defense contractors also. cheryl: we also showed that basically that defense will be a big loser if the president stays in office. >> there will be different winners and losers depending on who wins. and all environments, you do very well owning consumer brands that that people love. they take advantage of the growth of the middle class. what we suggest is who matters does when. if you are not sure, you should be in index funds. what you want to do after the next several years is
will go up whoever went in november. >> your effective tax income after taxes will go up. deductions will go down. that is in effect the same thing. what you should see is a reduction of the concern about the fiscal cliff crossing over. the congressional budget office said it is about a 1% reduction in gdp if we go over the cliff. that disappearing is good for us. cheryl: i want to revisit this issue with you. some stock and sector plays based on your research. we are so close to the...
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i was with him in ohio as well, where the president came out swinging, hitting mitt romney on taxes. you heard him repeat at every stop the whole big bird line, he even repeated that over the weekend at a couple campaign events in los angeles, brought up the 47%, which is something the president did not touch on at all during the debate. but also, you see in the campaign, pushing back hard like today, responding even before mitt romney made his speech on foreign policy, they had a couple of ads ready to go and then put together a conference call with campaign officials and also madeleine albright, former secretary of state and they are saying he's erratic, unsteady, irresponsible, something the campaign was not as quick to do in the past but post-debate, a much more aggressive tone from the campaign. >> jim, you have been following governor romney for a long time. have you seen a marked -- you talk about a smile he has on the campaign trail. have you seen a big difference in how he's been campaigning since the debate? >> absolutely. you know, one thing that we should touch on is in t
i was with him in ohio as well, where the president came out swinging, hitting mitt romney on taxes. you heard him repeat at every stop the whole big bird line, he even repeated that over the weekend at a couple campaign events in los angeles, brought up the 47%, which is something the president did not touch on at all during the debate. but also, you see in the campaign, pushing back hard like today, responding even before mitt romney made his speech on foreign policy, they had a couple of ads...
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Oct 6, 2012
10/12
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when you take that with state income tax and payroll tax and real-estate taxes and gasoline taxes, all together that means small business that are highly successful will end up giving more of what they have the government. that will kill jobs. i do not want to kill jobs. my priority is to create jobs, and i will do that with everything i can do. we can do better. we do not have to stay on the path we have been on. there was a report that came out this morning on job creation this last month. there were fewer new jobs created this month than last month. the unemployment rate has come down very slowly, but it has come down nonetheless. the reason it has come down this year is due to the fact that more and more people have just stopped looking for work. if you drop out of the workforce, give up and say i cannot go back to work, i will stay home, if you drop out altogether, you're no longer part of the statistics. it looks like unemployment is getting better, but if the same share of people were participating in the workforce today as on day the president got elected, unemployment would be
when you take that with state income tax and payroll tax and real-estate taxes and gasoline taxes, all together that means small business that are highly successful will end up giving more of what they have the government. that will kill jobs. i do not want to kill jobs. my priority is to create jobs, and i will do that with everything i can do. we can do better. we do not have to stay on the path we have been on. there was a report that came out this morning on job creation this last month....
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that mitt romney has ill alienated and put a distance between himself in the 47% who don't pay income taxes about their wanting a government handout. he hammer tfd again today. listen. >> the 47% this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [cheers] >> take some responsibility to help the american people, the middle class. >> there you see it the vice presidential debate in the history woox. another debated this tuesday. we find out from the romney campaign today that the former massachusetts governor is planning another big policy speech it will come next friday and it will be about spending, the size of government. what republicans really hope is one of the underlying key decisions that voters have to face. romney will make the argument that the 16 trillion-dollar deficit -- debt, rather, is very much part of the obama administration's responsibility because of so much he added to it it substance for mr. romney having criticized joe biden for an absence of style last night, shep. >> shepard: carl cammeron live lancaster, o
that mitt romney has ill alienated and put a distance between himself in the 47% who don't pay income taxes about their wanting a government handout. he hammer tfd again today. listen. >> the 47% this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [cheers] >> take some responsibility to help the american people, the middle class. >> there you see it the vice presidential debate in the history woox. another debated...